View example sentences, synonyms and word forms for Indemnification.
Indemnification
Indemnification meaning
The act or process of indemnifying, preserving, or securing against loss, damage, or penalty. | A reimbursement of loss, damage, or penalty. | The state of being indemnified.
Synonyms of Indemnification
Example sentences (13)
No amount has been accrued in the consolidated balance sheets relating to this type of indemnification as at March 31, 2023.
Indemnification and waiver of customer liability.
It has also approved higher indemnification for growers regardless of hog size.
Emergency Medical Services Act, those using emergency rescue equipment or performing first aid to save others suffering life-threatening conditions will not be liable for indemnification.
The complaint says that, based on a 2019 contract with Liberty, Falwell has a non-disparagement clause with Liberty, and an indemnification clause that is redacted in the complaint publicly filed in court.
There are other solutions as well, like special legislation, indemnification clauses to contracts, the government contract defense and, if all else fails, waivers.
Chemours is doing this as Dupont was attempting to receive unlimited indemnification from Chemours for its environmental liabilities.
But the court said the public protector had demonstrated that she had exceeded the bounds of this indemnification.
Bank of America and its Affiliates reserve the right to assume the exclusive defense and control of any matter otherwise subject to indemnification by you.
Lefebvre explains: Without debate the Assembly enthusiastically adopted equality of taxation and redemption of all manorial rights except for those involving personal servitude — which were to be abolished without indemnification.
The protection offered by a liability insurance policy is twofold: a legal defense in the event of a lawsuit commenced against the policyholder and indemnification (payment on behalf of the insured) with respect to a settlement or court verdict.
Under an "indemnification" policy, the insurance carrier can generally either "reimburse" or "pay on behalf of", whichever is more beneficial to it and the insured in the claim handling process.
Verizon reserves the right to assume the defense and control of any matter subject to indemnification by you, in which event you will cooperate with Verizon in asserting any available defenses.